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News About ("Federal Deposit Insurance Corporation") OR (FDIC)
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California Bank Fails - Frontier Bank fails | Nov. 10, 2014 | Mortgage Daily
It was the 17th FDIC-insured bank this year to fail. Mortgage Daily has tracked the closing or failure of 39 mortgage-related businesses so far in 2014. next story back to current
117-Yr-Old Chicago Bank Fails - OCC closes The National Republic Bank of Chicago |...
Insurance Corp. as receiver. FDIC data indicate that 71 ... million of its assets. The FDIC estimates that losses from the ... Republic Bank was the 16th FDIC-insured bank failure thus far
134-Year-Old Bank, Correspondent Lender Done - Recent mortgage-related casualties ...
The FDIC estimates that its Deposit Insurance Fund will be depleted by $24 million as a result of the failure -- the 15th so far this year. Earlier this month, County & Municipal
Industry Applauds QRM-QM Alignment - Final rule issued on risk retention | Oct...
Curry told the FDIC Board of Directors that under the final rule, QRM is equal to the Consumer Financial Protection Bureau's definition for QM, according to a copy of his prepared
FDIC Sues Frmr CEO, Directors of Failed $1 Bil Bank - Bank of Commonwealth failed ...
Stories about legal settlements, judgments and mortgage class actions. FDIC Sues Frmr CEO, Directors of Failed $1 Bil Bank Bank of Commonwealth failed in 2011 Sept. 23, 2014 By
Bank Mortgage Market Share Continues to Diminish - Q2 industry mortgage...
Market share at FDIC-insured banks has been down each quarter since at least the first quarter of last year -- when it stood at nearly two thirds. Residential first mortgage
Non-Bank Capital Ratios Better Than at Banks - Leverage ratios higher at banks...
The fact that the FDIC, when acting as a receiver of a bank and/or bank holding company, can pay creditors at its discretion creates the expectation of governmental support." The
Banks Expand Staffing, Increase Earnings - 6,656 FDIC insured banks reporting in...
Earnings 6,656 FDIC insured banks reporting in ... the second-quarter 2013. The FDIC classified 354 banks as "problem ... loans. Combined net income for FDIC-insured banks was $40.2
Agencies, Regulators Missed Taylor Bean Red Flags - FHFA OIG issues report | Aug. ...
Colonial's charter three times during a single decade. Colonial changed from FDIC-regulated in ... back to being FDIC-regulated. This happened ... desist order. The FDIC was advised of
FIRREA Saves Chase Again in Lawsuit - Lawsuit by city of Los Angeles dismissed...
and assumption agreement with the FDIC. However, the judge found ... t been exhausted through the FDIC's claims process. "For the ... relating to WaMu with FDIC, which the city has
End of the Line for Century Old Bank - GreenChoice Bank fails | July 26, 2014...
The FDIC expects its Deposit Insurance Fund to take a $14 million hit as a result of the failure -- the 14th so far this year. Mortgage Daily has tracked 31 mortgage-related
South Sees Two Financial Institution Failures - Recent mortgage-related...
County, Ga., appointed the FDIC as receiver The FDIC held a secret ... said and done, the FDIC expects its Deposit Insurance ... Eastside was the 13th FDIC-insured bank failure so
Massive Mortgage Securities Settlement at Citi - Agreement resolves mortgage...
5 billion will be paid as compensation to the FDIC and the state attorneys general. As part of the consumer relief, which will be completed by 2018, Citi will provide financing
Reverse Lender Ends Originations, Bank Fails - Recent mortgage-related business...
Bank's deposit for a 1 percent and purchased $18 million of its assets. The FDIC estimated that its Deposit Insurance Fund will be depleted by $6 million as a result of the bank
2 Subsidiaries of Bank Holding Company Fail - 2 Subsidiaries of Bank Holding...
As is the case with all federally insured bank failures, the FDIC was named ... of its assets. The FDIC expects Valley Bank's ... far during 2014, 11 FDIC-insured banks have failed
Loan Originators Migrate Away from Banks - Total NMLS registrations down 4% from...
Data previously obtained from the FDIC indicate that banks generated around $248 billion in first-quarter originations. Mortgage Daily estimates that roughly 809,000 people were
Mortgage Job Losses Decline - Mortgage Employment Index down 8,145 jobs in Q1...
Based on the FDIC and Labor Department data, Mortgage Daily estimates that total mortgage employment stood at roughly 809,254 people as of the end of March. Non-bank mortgage job
Job Losses Ease in Q1 Mortgage Employment Index - Q4 2013 Mortgage Employment...
Using residential origination data supplied by the FDIC, banks accounted for approximately 65.5% ... of March 31. Based on the FDIC and Labor Department data, Mortgage Daily
Former Directors, Officers of Failed SC Bank Sued - FDIC files federal lawsuit...
Stories about legal settlements, judgments and mortgage class actions. Former Directors, Officers of Failed SC Bank Sued FDIC files federal lawsuit June 4, 2014 By JOHN McDERMOTT
Bank and Lender Go Down - Recent mortgage-related closings and failures | June 2, ...
The FDIC estimated that losses from the bank failure ... reach nearly $7 million. So far during 2014, nine FDIC-insured banks have failed. Citigroup Inc.-subsidiary OneMain Financial
Bank Earnings, Mortgage Assets Lower as CRE Loans Rise - Total assets $14.9...
The FDIC said that it was only the second time during the past 19 quarters that year-over-year earnings were worse. "Last year's rise in interest rates resulted in a drying-up of
2 Financial Institutions Closed by Regulators - Recent mortgage-related failures |...
February 2011, the FDIC issued a cease-and-desist order against Columbia. The FDIC has estimated that the bank failure -- the eighth so far this year -- will cost its Deposit
2 Midwest Financial Institutions Fail - Recent mortgage-related closings | May 19,...
January 2011, an FDIC cease-and-desist order in July 2010 and another FDIC cease-and-desist order in June 2010. The FDIC, which was appointed as receiver by the state, held a
Big Losses from Small Bank Failure - Recent mortgage-related businesses to close...
Allendale, six FDIC-insured banks have failed so far in 2014. The ... the $752 million company was expected to result in FDIC losses of $60 million. The former owners of the
Another FDIC Lawsuit Against Former GA Bank Officials - Directors and officers of ...
Stories about legal settlements, judgments and mortgage class actions. Another FDIC Lawsuit Against Former GA Bank Officials Directors and officers of failed Bartow bank sued